I’ve predicted that a long period of deflation in the Western world would end with a Fed taper, rate hikes and quantitative tightening.
That’s clearly in play now, and the deregulation of America’s thousands of small banks is perhaps the most exciting event taking place on this new “inflationary frontier”. Because of these powerful monetary trends, I’ve predicted big problems ahead for Wall Street and somewhat better times for Main Street.
Having said, that, I think investors would be making aWednesday, December 13, 2017

The debate continues between the SRSrocco Report and CPM Group’s Jeff Christian on the fundamentals of the silver market. After my article, in which I questioned the CPM Group’s exclusion of silver investment demand from their supply and demand analysis, Jeff Christian responded with a comment on my website. I am glad that Mr. Christian responded because it now allows me the opportunity to explain in more detail why I disagree with the CPM Group’s analysis.As I have mentioned before, this has Tuesday, December 12, 2017

SPOT GOLD prices failed to hold a 0.4% overnight rally from new 5-month lows in London on Tuesday, slipping back as world stock markets rose again ahead of tomorrow's key US Fed decision on Dollar interest rates amid worsening tensions in the Middle East.
Edging back towards $1241 per ounce today, the price of gold bullion for immediate delivery has now halved the 16% gains for 2017 reached at early September's 12-month peak.
Tuesday, December 12, 2017

It was two years ago this week that I proclaimed that we were witnessing the final lows in the 2011–2015 bear market in the precious metals as gold traded down to $1,045 amidst total capitulation by the Large Specs and after massive short-covering by the Commercial traders. The weekly COT for that week showed an aggregate short position of a miniscule 2,911 contracts down from the earlier highs of over 300,000 contracts. About six weeks later, despite the earlier bottom in gold, the HUI (NYSE ArTuesday, December 12, 2017

SILVER PRICES failed to follow a small bounce in gold bullion Monday morning in London, holding unchanged versus the US Dollar from New Year 2017 as gold held $100 per ounce higher from January 1st ahead of this week's long-anticipated US Federal Reserve decision on interest rates.
With
silver prices slipping towards last week's new 5-month lows beneath $15.70 per ounce, world stock markets rose with commodities and major governmentMonday, December 11, 2017

If the price action in crypto currencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for investors has been Bitcoin, which has seen an increase of over 1,600% in 2017. And according to Frank Holmes, there is much more to come.
In an interview with SMonday, December 11, 2017

1) Stockman on fire
Former Reagan budget director and current proprietor of the eponymous “David Stockman’s Contra Corner” was on fire in the Bloomberg interview linked below. Within the space of 8 minutes he manages to explain:
a) Why the tax reform package being negotiated in the US will add upwards of $1.5 trillion to the US federal debt over the next several years without prompting a significant increase in domestic investment or providing any other real help to the US economy.
b) That formeMonday, December 11, 2017

* * *
Bitcoins Seized by Bulgarian Police from an 'Organised Crime Gang' Would Now Pay Off a Fifth of the Country's National Debt
By Scott Campbell
Daily Mail, London
Saturday, December 9, 2017
Bulgarian police have seized enough bitcoins to pay off a fifth of the country's national debt after the value surged by 600 percent in half a year.
Officers are said to have confiscated hundreds of thousands of units of the virtual currency worth $500 million from an organised crime gang in May.
But the Monday, December 11, 2017

By Olga Kharif
Bloomberg News
Saturday, December 9, 2017
Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency's blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold.
Wall Street's plan to launch futures contracts on Sunday, making it easier to bet against the digital currency's rally in recent months, is making some enthusiasts nervous -- but not Winklevoss. He's onMonday, December 11, 2017

US large cap stocks are the most overvalued in history. Let's investigate six ways.Crescat Capital claims US large cap stocks are the most overvalued in history, higher than prior speculative mania market peaks in 1929 and 2000.
Their 25-page presentation makes a compelling case, with numerous charts. It's worth your time to download and investigate the report.
Six Ways Socks Most Overvalued in History
Price to Sales
Price to Book
Enterprise Value to Sales
Enterprise Value to EBITDA
Price to EMonday, December 11, 2017

Bitcoin mania could prove to be the flashpoint for some of the world's largest oil-producing countries to make a major move against the dollar, according to one commodity analyst.
The world's most popular cryptocurrency has skyrocketed in recent months, soaring above $19,000 on Thursday on the Coinbase exchange, before notching a huge decrease. Such wild price swings have prompted some of the world's biggest banks to denounce bitcoin as a fraud, warning investors of a speculative bubble doomed tMonday, December 11, 2017

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Bitcoin Flirts with $16,000, Alarm Bells Ring Louder
By Jemima Kelly and Gertrude Chavez-Dreyfuss
Reuters
Thursday, December 7, 2017
Bitcoin rocketed to a lifetime high just shy of $16,000 today after climbing some 60 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.
The largest U.S. cryptocurrency exchange struggled to keep up with record traffic as the price surged, with an upcoming launch of the first bitcoin futures contract Sunday, December 10, 2017

The gold price was traumatized yesterday by the Gold Cartel's forceful raid, plunging right through important support at $1,270 all the way down to $1,260.
While a technical breakdown was created, enough buyers showed up to take the price back up to a touch away from $1,270 through the early London trading hours. Efforts to break through that former support point were thwarted twice. Then it was pressure on a couple hours ahead of our Comex opening ... which took the price back down to $1,263.
Sunday, December 10, 2017

The bitcoin price has rocketed roughly 1,500% higher in 2017 to around $19,000, before correcting to the current price at $15,000. The #2 cryptocurrency by market cap, Ethereum, is up more than 5,000% year to date and many of the altcoins that we track have enjoyed similar gains. Cryptocurrencies have been one of the best-performing asset classes of all time.
So, why have so many astute investors and otherwise intelligent people been completely wrong about bitcoin? Why do they profess to know itSunday, December 10, 2017

There are plans to restart gold mining in north Wales after a major mineral firm took a large stake in the owner of the Clogau gold project.
Alba Mineral Resources has taken a 49-percent stake in Gold Mines of Wales Ltd. (GMOW), which owns the the Clogau gold project, situated within the Dolgellau gold belt.
Just in time for Meghan Markle's wedding ring when she marries Prince Harry.
The British Royal Family has been using Welsh gold to create their wedding rings since 1923. ...
... For the remaFriday, December 8, 2017

There is a Disinformation War taking place in the silver market as certain industry analysis is confusing individuals by purposely disregarding the tremendous impact of rising investment demand. Not only do I find this troubling, but I am also quite surprised how much the silver industry pays attention to this faulty analysis. So, it’s time once again to set the record straight.Setting the record straight has now become a new mission for me at the SRSrocco Report because the amount of disinforFriday, December 8, 2017

Axel Merk, Merk Investments
December 7, 2017
Follow @AxelMerk Tweet
With the stock market and Bitcoin reaching all-time highs, what can possible go wrong? In offering my thoughts on 2018, I see my role in reminding investors to stress test their portfolios. Is your portfolio built of straw, sticks or brick?
First, let me allege many investors have portfolios built of straw and sticks rather than brick. How do I knFriday, December 8, 2017

I am not trying to be a wise guy with the first half of the title (it’s a goof on alarmist media), but if you were not bear biased or outright bearish on the gold sector’s daily and weekly technicals, and its macro and sector fundamentals by now all you have left are the alarmist headlines now telling us about H&S breakdowns, HUI/Gold ratio bearishness and whatever else is going on out there in media large and small to scare the lowly gold bug.As noted in an NFTRH update last night…It’s hard to Thursday, December 7, 2017

As the Russian government is working on laws to regulate virtual currencies, the country's finance ministry has proposed making their mining illegal. However, buying them will not be punishable.
"The penalties will be different, mostly administrative, but if someone created the cryptocurrency for the purpose of settlements, then there will be a criminal punishment," said Deputy Finance Minister Aleksey Moiseev.
Criminal penalties can also be applied to the creation of a financial pyramid or the Thursday, December 7, 2017